Avidbank Holdings price target raised to $25 from $24 at Piper Sandler

Piper Sandler analyst Andrew Liesch raised the firm’s price target on Avidbank Holdings (AVBH) to $25 from $24 and keeps an Overweight rating on the shares following quarterly results. The firm was pleased to see net interest income top its forecast, as the margin rose 14 bps to 3.49%.